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Mercantile Bank (Mercantile Bank) Residential Mortgage Loans (USD Mil) : 1,938.73 (As of Dec. 2023)


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What is Mercantile Bank Residential Mortgage Loans (USD Mil)?

Residential Mortgage Loans (USD Mil) is the amount of mortgage loans banks made to individuals.

Mercantile Bank's Residential Mortgage Loans (USD Mil) for the quarter that ended in Dec. 2023 was 1,938.73 , which is higher than 1,864.86 for the pervious quarter ended in Sep. 2023.

Mercantile Bank's Residential Mortgage Loans (USD Mil) for the annual that ended in Dec. 2023 was 1,938.73 , which is higher than 1,635.93 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Mercantile Bank's Residential Mortgage Loans (USD Mil) or its related term are showing as below:


Mercantile Bank Residential Mortgage Loans (USD Mil) Historical Data

The historical data trend for Mercantile Bank's Residential Mortgage Loans (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mercantile Bank Residential Mortgage Loans (USD Mil) Chart

Mercantile Bank Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Residential Mortgage Loans (USD Mil)
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Average Interest Earning Assets (USD Mil)
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Commercial Business Loans (USD Mil)
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Mortgage Backed Securities (USD Mil)
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Commercial Mortgage Loans (USD Mil)
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Construction Loans (USD Mil)
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Mercantile BankQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Residential Mortgage Loans (USD Mil)
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Average Interest Earning Assets (USD Mil)
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Commercial Business Loans (USD Mil)
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Mortgage Backed Securities (USD Mil)
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Commercial Mortgage Loans (USD Mil)
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Construction Loans (USD Mil)
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Competitive Comparison of Mercantile Bank's Residential Mortgage Loans (USD Mil)

For the Banks - Regional subindustry, Mercantile Bank's Residential Mortgage Loans (USD Mil), along with its competitors' market caps and Residential Mortgage Loans (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercantile Bank  (NAS:MBWM) Residential Mortgage Loans (USD Mil) Explanation

Residential Mortgage Loans (USD Mil) is the amount of mortgage loans banks made to individuals. This should be distinguished from commercial mortgage loans Commercial Mortgage Loans (USD Mil), which is the amount of mortgage loans made to business entities (including corporations, limited partnerships, developers, funds and trusts). The amortization periods, terms of the loans and requirements for application differ between these two types of loans.


Mercantile Bank Residential Mortgage Loans (USD Mil) Related Terms

Thank you for viewing the detailed overview of Mercantile Bank's Residential Mortgage Loans (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercantile Bank (Mercantile Bank) Business Description

Industry
Traded in Other Exchanges
Address
310 Leonard Street NW, Grand Rapids, MI, USA, 49504
Mercantile Bank Corp operates as a bank holding company. The bank provides a variety of commercial banking services to individuals, businesses, governmental units, and other institutions. It provides banking services offering deposit products including checking, savings, and term certificate accounts, and lending products including commercial, residential mortgage, and installment loans. The company generates revenue from interest and dividends earned on loans, securities, and other financial instruments.
Executives
Amy L Sparks director C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST., GRAND RAPIDS MI 49504
Michael H Price director, officer: President & COO MERCANTILE BANK CORP, 5650 BYRON CENTER SW, WYOMING MI 49509
David B Ramaker director 235 E. MAIN STREET, MIDLAND MI 48640
Robert T. Worthington officer: SENIOR V.P., GENERAL COUNSEL 310 LEONARD ST NW, GRAND RAPIDS MI 49504
Brett Hoover officer: SVP, Human Resources Director 310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Lonna Wiersma officer: SVP, Human Resources Director C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST., GRAND RAPIDS MI 49504
Michael S. Davenport director 310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Michelle Larabee Eldridge director 259 E. MICHIGAN AVE., SUITE 105, KALAMAZOO MI 49007
Edward B Grant director
Thomas R Sullivan director, officer: CHAIRMAN OF THE BOARD
Edward J Clark director C/O AMERICAN SEATING CO, 401 AMERICAN SEATING CENTER N.W., GRAND RAPIDS MI 49504-4499
Raymond E. Reitsma director 310 LEONARD STREET NW, GRAND RAPIDS MI 49504
Jeff A Gardner director C/O FIRSTBANK CORPORATION, 311 WOODWORTH AVENUE, ALMA MI 48801
Samuel G Stone officer: EXECUTIVE VICE PRESIDENT
Robert B Kaminski officer: Senior VP & Secretary C/O MERCANTILE BANK CORP, 5650 BYRON CENTER AVENUE SW, WYOMING MI 49509